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The selling price of a skateboard is $147. The store has a 75% markup policy. What is the cost of the skateboard to the store.

User Mmuurr
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2 Answers

2 votes

Answer:

$84

Explanation:

The selling price of a skateboard is $147. The store has a 75% markup policy. What-example-1
User Shfx
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5.8k points
5 votes

$257.25; First you take what the original price was and divide it by 100, then multiply it by the percent you want to find. This is because if 1.47 * 100 is 147 (original value) then you can multiply it by any % to find the percent value of the set number.

147/100 = $1.47

1.47 * 75 = $110.25

Now add this to the original number to find the answer

110.25+147 = $257.25

User Daniel Cheung
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6.8k points